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State Name: Washington
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State Name lower underscore: washington
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State Abbreviation: WA
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By Tanya Agrawal and Rick Rothacker (Reuters) &#8211; Credit reporting firm TransUnion Corp PONTS.UL agreed to be acquired by buyout firm Advent International and a Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) unit in a deal valued at $3 billion. TransUnion had said in July it planned to raise up to $325 million in [...]

The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments electronic newsletter, titled "Ending Homelessness: Financing Permanent Supportive Housing," which provides an in-depth look at bank financing for permanent supportive housing for the homeless.

For years now we have been harping on how distressed home sales put downward pressure on home prices all around them. The logical assumption would then be that as foreclosures ease, organic home prices will rebound. But what if the current, unique state of the housing market turns that assumption on its head?

Tapped by the CEO Jamie Dimon in February of 2011 to fix JPMorgan Chase's mortgage business, Bisignano was the bank's lead man during the negotiations with the Federal government and state attorneys general over a mortgage servicing settlement.

The U.S. banking industry has a lot of work ahead of it to restore public trust following the financial crisis, Wells Fargo CEO John Stumpf said. "Some of us did not do a good job as an industry," he told CNBC.

POTENZA, Italy (Reuters) - Italian police said on Friday they had seized about $6 trillion of fake U.S. Treasury bonds in Switzerland, and issued arrest warrants for eight people accused of international fraud and other financial crimes.

State and federal officials will aggressively investigate misconduct in the bundling of mortgages into securities following a settlement with banks over foreclosure abuses, the New York and Delaware attorneys general said.

A bipartisan group of 41 senators has urged Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., to move a long-term reauthorization of the National Flood Insurance Program to a vote "as expeditiously as possible in February" or soon after.

According to NAR's recently released quarterly Commercial Market Survey, commercial real estate prices were down six percent in the fourth quarter of 2011 compared to the previous quarter. At the state level in the past quarter, however, the changes have been substantial, with a number of states starting to participate in the economic recovery. Major [...]

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